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Treasury Yields Rise as Oil Shock and Fed Meeting Loom
U.S. Treasury yields rose Monday as oil prices stayed near $108 a barrel and the Federal Reserve began a two-day policy meeting, with traders watching for rate cues.
Gold Steadies Near $4,700 as Fed, Iran Diplomacy Shape Outlook
Gold steadied near $4,700 as traders await Fed signals and U.S.-Iran talks. Oil above $100 fuels inflation fears, complicating the outlook for non-yielding bullion.
Brent crude spikes to $108 as Hormuz tensions mount; Goldman revises outlook
Brent crude reached $107.97 as US-Iran talks stalled, tightening supply through the Strait of Hormuz. Goldman Sachs raised its Q4 2026 Brent forecast to $90.
ASX 200 Stretches Losing Streak to Five Sessions as Energy and Bank Stocks Weigh
The S&P/ASX 200 declined for a fifth consecutive session, losing 20.1 points to 8,766.40, as energy, utility, and bank stocks dragged. Origin Energy plunged 5.25%, while Atlas Arteria jumped on a takeover offer.
Kratos Defense Slips 6.5% as Investors Await Profit from Drone and Space Contracts
Kratos Defense shares fell 6.5% to $61.26, cutting market cap to $10.6B, as investors question profit timing from new contracts including a $446.8M Space Force deal and Mk1 Firejet drone.
Wisconsin Lawsuit Casts Shadow Over Robinhood's Q1 Earnings Report
Wisconsin sues Robinhood and rivals over prediction market contracts, alleging illegal sports betting, just ahead of Robinhood's Q1 earnings report.
SoFi Q1 Earnings: Loan Growth and Home Lending Push in Focus
SoFi Technologies reports Q1 earnings on April 29, with management guiding for $1.04B in adjusted net revenue and EPS of $0.12. The company's new digital HELOC and Real Estate Advisory Council signal a push into home lending.
Rigetti Computing Hit with Sell Rating Ahead of 108-Qubit System Launch
Rigetti Computing shares fell 1.5% after Wall Street Zen downgraded the stock to sell, even as the company launched its 108-qubit system on Amazon Braket and reported a $216.2 million net loss on $7.1 million revenue.